China's apetite for physical gold, which is further shown below
focusing just on 2012 and 2013, has been estimated by Goldman to amount
to over $70 billion in bilateral trade between just Hong Kong and China
Yet while China's gold demand is acutely familiar one question that few have answered is just what is China doing with all this physical gold, aside from filling massive brand new gold vaults of course.
And a far more important question: how does China's relentless buying
of physical not send the price of gold into the stratosphere.